25
Map
2851 Gray St
About This Property
This prime location is just blocks from Edgewater Beer Garden and Main Street, Sloan's Lake, Highlands Square, and the bustling Edgewater Public Market. Schedule your showing today!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 30, 2025 | Sold | ||
| Sold | |||
| Dec 17, 2024 | In contract | - | |
| In contract | |||
| Dec 10, 2024 | Listed by City West Real Estate | $600,000 | |
| Listed by City West Real Estate | |||
| | |||
|
This classic Wheat Ridge ranch offers the perfect blend mid-century charm and upgrades in a location that can't be beat! 2851 Gray Street boasts over 1500 square feet of ground floor living with three bedrooms, one bath, and two living areas. The chef's kitchen has vaulted ceilings, with upgraded cabinets and appliances. In back you'll find the second living area bathed in light by a wall of windows AND warmed by a wood burning fireplace - perfect for enjoying a book and a cup of coffee on a chilly evening! Other upgrades include newer windows, fresh paint throughout, and original oak hardwood floors that have just been refinished. The spacious 7700 square foot lot has sprinklers in front and back, an over-sized shed, a large back deck, and even a pergola covered hot tub!
This prime location is just blocks from Edgewater Beer Garden and Main Street, Sloan's Lake, Highlands Square, and the bustling Edgewater Public Market. Schedule your showing today!
| |||
| May 28, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017